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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Sri Lanka: Headline Inflation Rate Altered

Sri Lanka: Headline Inflation Rate Altered

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God Father


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Sri Lanka: Headline Inflation Rate Altered Scree328

Dept of Census & Statistics says the Overall Rate of Inflation, as measured by CCPI dropped to 35.3% in Apr’23, compared to 50.3% in Mar’23: analysts allege the Census Dept arbitrarily changed it’s base for the calculation of the CCPI from Feb’23 onwards to reflect and report a lower CCPI.

CBSL statistics Dept  SUDDENLY replaced the "2013-index" with a "2021-index".
It's clear that CHANGE in the measurement yardstick, has affected the "inflation" numbers very significantly.

https://www.cbsl.gov.lk/en/news/inflation-in-april-2023-ccpihttps://www.cbsl.gov.lk/en/news/inflation-in-april-2023-ccpi

Inflation as per 2021 Base

Sri Lanka: Headline Inflation Rate Altered Img_3510

Inflation as per 2013 Base

Sri Lanka: Headline Inflation Rate Altered Img_3610
Sri Lanka: Headline Inflation Rate Altered Img_3611
Sri Lanka: Headline Inflation Rate Altered Img_3612

invest thinker

invest thinker
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

good signal towards economy recovery

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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Sri Lanka: Headline Inflation Rate Altered

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